Bank Lending Rate in Botswana remained unchanged at 6.50 percent in May from 6.50 percent in April of 2019. Bank Lending Rate in Botswana averaged 9.38 percent from 2009 until 2019, reaching an all time high of 16.50 percent in January of 2009 and a record low of 6.50 percent in October of 2017.
Bank Lending Rate in Botswana is expected to be 6.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Botswana to stand at 6.00 in 12 months time. In the long-term, the Botswana Bank Lending Rate is projected to trend around 6.75 percent in 2020, according to our econometric models.